Mainstream historians and political scientists correctly portray Italian Fascism as an anti-communist phenomenon. However, a deeper examination of the historical record also points to a connection between the Soviet Union and Fascist Italy. Cooperation between Italy and the USSR extended into the political, economic, and even the military sphere. Despite their anti-Marxism, leading Italian Fascists openly stated their affinity towards key ideological aspects of Bolshevism throughout their rule and even into the post-World War II era. This essay is an important addition in the ongoing discussion of the connections between Fascism and Communism.